Sign in
GREEN INDUSTRY-
Sabic signs agreement for thermoplastics plant: Saudi petrochemicals giant Sabic signed a potential investment agreement with the Fujian government to build an engineering thermoplastics compounding plant in China’s Fujian Province, according to a statement. The new plant will produce advanced materials like Lexan polycarbonate and Cycoloy blends, catering to electronics, automotive, and emerging sectors including solar energy. Thermoplastic compounds are versatile materials combining the properties of plastics and rubbers, making them easy to mold, recyclable, and energy-efficient. The new plant will work in collaboration with Sabic’s existing operations in China.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- EVs are gaining popularity in UAE: Around 73% of UAE residents prefer EVs, with 61% interested in hybrid vehicles for future purchases. Fuel cell EVs are also gaining traction at 50% and biogas vehicles are at 40%. (Al Bayan)
- Al Sharqi slashed emissions in 2023: UAE’s logistics services provider Al Sharqi Shipping has received the Maersk ECO Delivery CO2e Saving Certificate for 2023. Utilising Maersk’s ECO Delivery Ocean services, the company was able to reduce its greenhouse gas emissions by 3.5k tons, representing a 84.64% decrease compared to its conventional fossil fuel alternatives for shipping. (Statement)
